Fossil comes alive as stock jumps 79 percent on short squeeze

(Reuters) - Fossil Group Inc's shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.

(Reuters) - Fossil Group Inc's shares soared 79 percent in early trading on Wednesday as short sellers rushed to cover their positions, a day after the watchmaker posted a better-than-expected increase in sales in the holiday quarter.